IRAQ COMPACT: LETTER TO TREASURY DEPSEC FROM THE

UNCLAS KUWAIT 004645 SIPDIS SENSITIVE SIPDIS DEPT FOR NEA/ARP, NEA/I, TREASURY FOR DEPUTY SECRETARY KIMMITT E.O. 12958: N/A TAGS: EAID EFIN IZ KU SUBJECT: IRAQ COMPACT: LETTER TO TREASURY DEPSEC FROM THE ARAB FUND ¶1. (U) Post has received the following letter from Abdelatif ¶Y. Al-Hamad, Director General/Chairman of the Board of Directors of the Arab Fund for Economic and Social Development, dated November 26, addressed to Treasury Deputy Secretary Kimmitt. The original has been sent to DepSec SIPDIS Kimmitt via Federal Express. ¶2. (SBU) Text of the letter is as follows: Dear Mr. Kimmitt, I received with thanks your kind letter dated November 3, 2006, concerning the recent meeting of the Preparatory Group of the International Compact for Iraq held in Kuwait last month. I am pleased that the meeting was successful and achieved a broad-based commitment to this important initiative. I take this opportunity to express my appreciation for your support to the work of the Preparatory Group, and my gratitude for encouraging the U.N. to keep me updated of developments regarding this initiative and upcoming meetings of the Group. I am pleased to inform you that an initial agreement was reached by the Arab Fund and representatives of the Iraqi Government to solve the arrears problem which is a step forward hopefully that both, the Arab Fund and the Iraqi Government, can build on it in the foreseeable future to solve this matter and resume the Arab Fund operations in Iraq. Once again, I reaffirm my support to the compact initiative and to all efforts aiming at development and prosperity of Iraq. With my best personal regards. Abdelatif Y. Al-Hamad Director General/Chairman of the Board of Directors. End text. LEBARON